Cryptocurrency Analysis and News Portal
The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies
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Buying a Coinbase stock (COIN) to gain indirect exposure in the Bitcoin (BTC) market has been a bad strategy so far compared to simply holding BTC. Notably, COIN is down by nearly 50% to almost $186, if measured from the opening rate on its IPO on April 14, 2021. In comparison,
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Hayvn, an Abu Dhabi-based crypto trading firm, is courting institutional investors for a Series B round with a view to eventually list, Reuters reported on Wednesday. Source
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Cybereason has raised approximately $750 million to date and was valued at around $3 billion last year following a $275 million fundraising.Cybereason, a fast-growing cybersecurity company behind major endpoint protection in government and institutions, has reportedly filed for confidential paperwork with United States regulators to go public later this year.
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The first IPO for the crypto industry in 2022 comes from a Texas-based Bitcoin (BTC) mining company, Rhodium Enterprises.In an SEC filing made last week, Rhodium plans to offer 7.69 million shares at $12-$14 each in an initial public offering (IPO). Trading under the ticker “RHDM” on Nasdaq, 56.8 million
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Bitcoin miner Rhodium Enterprises plans to offer 7.69 million shares at $12-$14 each in an initial public offering (IPO), according to its U.S. Securities and Exchange Commission (SEC) filing.After the IPO, the company will have about 56.8 million class A shares outstanding, implying a market cap of between $682 million
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Reddit has confidentially submitted a draft registration statement with the Securities and Exchange Commission (SEC) for a proposed initial public offering of its common stock, the company announced on Twitter.The numbers of shares to be offered and the price range for the proposed offering have yet to be determined, the
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The world’s top nonfungible token (NFT) marketplace OpenSea has denied it intends to pursue a public listing any time soon.Chief Financial Officer (CFO) Brian Roberts sparked a public backlash this week when he told Bloomberg that “it would be foolish not to think about going public.” The statement caused an
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CoinDCX, India’s first crypto unicorn, plans to go for a listing, once regulations permit it do so, co-founder Neeraj Khandelwal said in an interview with Bloomberg Television on Monday.India’s crypto industry is facing serious regulatory uncertainty, thanks to a proposed bill that plans to ban most forms of private cryptocurrencies.The
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Iris Energy, a Sydney-based company that mines bitcoin primarily with renewable energy, raised its initial public offering (IPO) pricing to $28 per share, from the previous expected range of $25 to $27.The miner said it plans to sell 8.3 million shares, raising about $232 million through its IPO offering, according
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